Question : The management of common property resources often involves:
Option 1: Centralized control by a single authority
Option 2: Privatization and commercialization
Option 3: Collective decision-making and shared responsibilities
Option 4: Unregulated access and use by all individuals
Correct Answer: Collective decision-making and shared responsibilities
Solution : The management of common property resources often involves collective decision-making and shared responsibilities among the community members, ensuring sustainable use and conservation of the resources.